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Effectus [21]
3 years ago
7

What are the supply shifters?

Business
2 answers:
vodka [1.7K]3 years ago
8 0

Answer:

All factors influencing supply other than price of the commodity.

Explanation:

Supply shifters are all factors influencing supply (other than price of the commodity) such as relative price, level of technology, cost of production, weather, future price expectations, number of producers, natural disasters, government policy and aims of the producer. These factors can shift supply either to the left or right.

pentagon [3]3 years ago
8 0

Answer: A change in the price of a good or service causes a change in the quantity supplied—a movement along the supply curve. ... Supply shifters include prices of factors of production, returns from alternative activities, technology, seller expectations, natural events, and the number of sellers.

Explanation:

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If it is greater than or equal to the price.
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2 years ago
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution t
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Answer:

Answer letter C.

Trade in service can provide traditional and new export opportunities

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3 years ago
The production possibilities model illustrates an inverse relationship between two goods or services because
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Answer:

production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

          An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.

6 0
3 years ago
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the
Papessa [141]

Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.

<h3>What are Excise taxes?</h3>
  • Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
  • Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
  • State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
  • Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.

To learn more about Excise taxes refer to:

brainly.com/question/22358769

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5 0
1 year ago
In the United States today what gives money its value
VMariaS [17]

Answer:

It can give money value today but it reallys depends because if you are trying to say money give us value to help us pay for medicare then yes. In order for us to afford medicare. You need the Goverments support especally if you an need for support or you have someone is need.

Explanation:

4 0
3 years ago
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